SBA Fraud Enforcement Extension Act

Hozzl · 2025-04-04T09:26:11Z

Explore the details of Senate Bill 1199 SBA Fraud Enforcement Extension Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

4/4/2025, 9:26 AM

Summary of Bill S 1199

Bill 119 s 1199, also known as the Fraud Statute of Limitations Extension Act, is a proposed piece of legislation in the US Congress. The main purpose of this bill is to extend the statute of limitations for fraud under certain pandemic programs. This means that individuals who commit fraud related to pandemic relief programs would have a longer period of time in which they could be prosecuted for their actions.

In addition to extending the statute of limitations for fraud, the bill also includes provisions for other purposes. These additional purposes are not specified in the bill itself, but could potentially include measures to strengthen oversight and enforcement of pandemic relief programs, as well as to provide additional resources for investigating and prosecuting fraud.

Overall, the Fraud Statute of Limitations Extension Act is aimed at addressing concerns about fraud and abuse in pandemic relief programs, and ensuring that those who engage in fraudulent activities are held accountable for their actions. The bill is currently being considered by Congress and may undergo further revisions before potentially being passed into law.

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Current Status of Bill S 1199

Bill S 1199 is currently in the status of Bill Introduced since March 27, 2025. Bill S 1199 was introduced during Congress 119 and was introduced to the Senate on March 27, 2025. Bill S 1199's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of March 27, 2025

Bipartisan Support of Bill S 1199

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1199

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 1199

A bill to extend the statute of limitations for fraud under certain pandemic programs, and for other purposes.A bill to extend the statute of limitations for fraud under certain pandemic programs, and for other purposes.

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Comments

Sponsors and Cosponsors of S 1199

Joni Ernst

Iowa(Republican)

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